Inventory Management Blog

wooden scale of a large wooden ball with a wooden plank balancing one big white speckled ball and four small ones using the economic order quantity formula in inventory management

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Economic Order Quantity (EOQ) Guide With Graph Explanation

What is economic order quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective...

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Economic Order Quantity (EOQ) Guide With Graph Explanation

What is economic order quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective...

Different coloured floppy disks on a tables

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Obsolete inventory management: the causes and cures

What is obsolete inventory? Obsolete inventory refers to stock that has seen no demand for a prolonged period of time,...

Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory

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What is stock availability, and how can you improve it?

Improving stock availability – without carrying excess stock For many businesses, stock availability is critical to delivering excellent customer service....

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February 2019 Automation Hero: Johan Andersson of Hinz

February 2019 Automation Hero: Johan Andersson Name: Johan Andersson Title: Sparepart Manager Company: Hinz Försäljnings AB Congratulations on the award...

Four wooden stars with one red star on a pale blue background

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Improving customer service levels with better supply chain management

What are key performance indicators? Key performance indicators (KPIs) act as a set of quantifiable, measurable values that demonstrate how...